Nov 5, 2012 4:00am PST
that may shed light on alleged market manipulation in california and the midwest. the bank turned over some documents, but is still under investigation. the firms call the allegations over-reaching and plan to fight back. big businesses are struggling to stay afloat after hurricane sandy. downed cell towers and power outages put a damper on cell use. verizon says the effect on its fourth-quarter results could be "significant." airlines lost $190 million. delta alone cancelled more than 3,500 flights, which cut $45 million in revenue last month. and about 300,000 auto dealerships were forced to close due to power outages. hyundai and kia are working to resolve a gas problem. both car companies admit overstating fuel effiency on the stickers in the windows on 900,000 vehicles. epa officials say the mileage was wrong and needs to be corrected. hyundai and kia are lowering the miles per gallon estimates on most 2012 and '13 models. the companies are offering gas cards to some customers. in ipo watch, restoration hardware and delek logistics hit the market on friday. the upscale home decor store
Nov 6, 2012 4:00am PST
to the president." even california gas prices have dipped down, reaching below the 4-dollar mark for the first time since august. general motors' balance sheet is a whole lot stronger today. gm now has $11 billion in credit lines. meanwhile, the auto bailout that put the automaker on the road to recovery has come into play this election season, most recently with republican presidential candidate mitt romney suggesting chrysler would move jeep production to china, followed by the ceo of chrysler sayng jeep production will stay put in the u.s.a. more veterans are fighting for jobs in congress. a study by george washington university finds that more veterans are running in "winnable races" within their congressional districts. 107 veterans are on the ballot in today's election. the majority are running for re-election; however, depending on the vote, new names on the ballot could push the number of veterans in congress to the highest level since 1980. retailers are hinting at strong numbers this holiday season. a new survey from bdo usa shows retailers are the most optimistic they've been in 5 years.
Nov 7, 2012 4:00am PST
are live in san francisco where it looks like governor jerry brown's tax hike to help california schools has passed. >>> good morning. thank you for joining us. today is november 7th i'm pam cook. >> and i'm brian flores. a lot of action last night. a lot to catch up to this morning. steve. >> yeah we have a couple days of sunshine and warm weather. fog is back. inland it will still be sunny but temperatures coming down with a westerly breeze. leading edge of our bigger change is leading into the pictures. 60s and 70s. here is sal. >>> traffic is doing pretty well around the bay area. as a matter of fact we are looking pretty good in most areas. also the morning commute looks good if you are driving on 880 north and southbound. let's go back to the desk. >>> topping our news this morning president obama will have a second
Nov 9, 2012 4:00am PST
, california pizza kitchen, and denny's are offering meals or food items. hooters will have free wings, and krispy kreme its famous donuts. applebees, chili's and olive garden are also providing free meals to any hero who stops by on monday. still to come, what was behind the market sell-off following president obama's election win? traders share their opinions later in traders unplugged. but first, in the wake of superstorm sandy, business owners are looking into disaster recovery options. learn how to protect yourself next, with bill moller. recently 2 east coast storms in 2 weeks. the weather can really wreak havoc, not just with lives of citizens, but also with the smooth operation of businesses. companies protect themselves, of course, with insurance, but more & more companies are implementing disaster recovery systems. let's talk with curtis peterson. he's vice president of operations for ringcentral, a cloud business phone system provider. and curtis, a business insures the hardware, but the point is they also need to back up the software, and that's what disaster recovery is al
Nov 14, 2012 4:00am PST
, which is based in palo alto, california, seats up to seven passengers and in government- certified tests can travel 265 miles on a single charge. straight ahead, whether you are at the head of your company or working your way up from the bottom, tips on how to stay on top of your game are coming up with bill moller. then later in the show, how some traders hope to make money on the fiscal cliff. if you are worried about your money, don't miss this! we will be right back. the merger of globalization and information technology has transformed how companies must now compete. old jobs and ways of doing business are obsolete. when you're fighting competitors across the globe for market share a company and its employees, have to be agile, nimble and work harder than ever. best-selling author jason jennings has been heralded by usa today as 1 of the 3 most in-demand business speakers in the world. he has new book, "the reinventors: how extraordinary companies pursue radical continuous change." adapt, grow, change - or perish? is it that stark? > > is that stark. if you take a look at the list o
Nov 16, 2012 4:00am PST
are really flourishing there. out in the west, california, nevada, phoenix, 3 really hard- hit areas, have really started to come back in full swing. market time there is under 30 days in a lot of areas. > > that is really high. they actually have bidding wars going on. > > yeah. a lot of people are really selling things really quickly out there. i like to say if it's priced right and it shows well, pretty much anywhere in the country that it's kind of hotter, it's selling really quickly. > > what do you look at though as anything worrisome? do you feel that we have now turned the corner, or might we still fall back into a housing recession? > > i think some areas we have to worry about are like the rust-belt areas or areas directly correlated with maybe employment. some areas with a little bit of higher unemployment still have a little bit of ways to go. the fact is, if you're not working, you're not going to be able to buy a house. > > so, you're glad you're in real estate right now. for a few years, a lot of people got out of the business because it was so glum. you really are sanguine.
Nov 22, 2012 4:00am PST
california when i grew up, and the economy went up, and the economy went down, and his business went up, and his business went down. but the truth is, these days, no one has to be dictated by your own local economy. you can do business all over by being online. and there are so many more tools available that allow you to run your business. so, my dad ran his business by himself. if he didn't know something, he didn't know something. today what would you do? you would go online. you would go to a score counselor, you would find some help. it really is an amazing time. i don't mean to sound pollyannaish, but to me this is an amazing time to be in business. > > what's the most popular question you get from small business owners? > > i guess the question i get most often has to do with social media. "how do we make it pay off for our small business?" because the thing is, people can spend too much time on social media, or, on the other hand, not use it at all. and what i tell people is, follow your customers. if they're on facebook, then you need to be on facebook. but you don't need to be
Nov 29, 2012 4:00am PST
% yesterday, but is down 80% since its ipo a year ago. california is no longer just dreaming of a better economic situation. it's slowly becoming a reality. one of the country's hardest-hit states during the recession has made some vast improvements in key areas. the state's unemployment has recently dropped to 10.1% - it was 11.5% just a year ago - while home sales in the southern part of the state jumped 25% in october. foreign car companies are on a fasttrack to the l.a. auto show. fiat, jaguar and hyundai are among the automakers dominating floor space at this year's show in an attempt to entice the all-important u.s. car buyer. meanwhile, in atlanta, porsche just broke ground on a new headquarters that will employ 400 workers. still to come, what could be the year's biggest record- breakers at the box office? that's later. but first, how to make your dollars go further during the holiday shopping season. that's next. if you missed black friday and cyber monday, do not fear. the biggest markdowns may still be yet to come. mark your calendars... free shipping day falls on december 17t